Game Theory and Economic Behavior
Noise pollution refers to the harmful or disruptive levels of sound that can negatively impact the health and well-being of individuals, as well as the environment. It can arise from various sources, including traffic, industrial activities, and urban development, leading to detrimental effects such as stress, sleep disturbances, and reduced quality of life. Noise pollution is often considered an externality because it affects people who are not directly involved in the activity generating the noise, raising concerns about public goods and community welfare.
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